Business News Leaders

The Week in Perspective

A feverish week of central bank activity around the globe has left markets at extremes. The Fed hiked by 75%, leading our own Reserve bank to follow in lockstep, despite a markedly different inflation picture and growth and employment concerns. Currency prices were rattled too after Japan intervened in the…

23 Sep 2022 7AM 26 min

The impact of rising interest rates on SA's housing market

The reserve bank has raised rates by 75 basis points, joining its global peers in the fight to tame inflation. Business Day TV caught up with Erwin Rode from Rode & Associates to discuss how much of an impact this move will have on the housing market.

22 Sep 2022 2PM 7 min

What will a 75 bps rate hike mean for SA's economy?

The reserve bank's monetary policy committee has lifted the repo rate by 75 basis points (bps) to 6.25%. The move was largely expected by economist but it will add pressure to indebted consumers who are already struggling to make ends meet. Business Day TV unpacked this in detail with Citadel…

22 Sep 2022 1PM 7 min

Cell C finalizes recapitalization

Blue Label has confirmed that Cell C's recapitalization has been completed and this comes after years of negotiations. Business Day TV discussed what this means for Cell C and Blue Label moving forward with telcos analyst at Nedbank CIB, Preshendran Odayar.

22 Sep 2022 1PM 6 min

SARB Preview

Overnight the Fed indicated that it is committed to continue hiking in the face of persistent core pce inflation in the US, taking the fed Funds rate to 3 to 3.25% and indicating that a further 1.25% in increases is due by year end. In a sobering new set of…

22 Sep 2022 7AM 23 min

Where to next for diesel as Eskom blows budget to keep lights on

Trying to keep the lights on is costing Eskom an arm and a leg with spending on diesel rising to R7.7bn, which is more than the state-owned utility had budgeted for this year. Business Day TV explored the diesel market in greater detail with Andre Botha from TreasuryOne.

21 Sep 2022 2PM 7 min

Inflation eases from a 13-year high in August

Inflation has slowed to 7.6% year-on-year in August after softer fuel prices helped offset higher food and electricity inflation. Business Day TV unpacked the print and discussed what it means for the South African Reserve Bank’s next move with FNB senior economist Koketso Mano.

21 Sep 2022 12PM 3 min

Sasfin posts upbeat results

Financial services company Sasfin has delivered a 23.6% jump in annual headline earnings per share on the back of an improvement in its credit performance. Business Day TV discussed the results in detail with the company’s CEO, Michael Sassoon.​

21 Sep 2022 12PM 7 min

The state of renewable energy in South Africa

Amid an energy crisis in South Africa, research by Climate Group has revealed that the country is topping its peers. That’s as it shows encouraging improvements when it comes to pushing forward with its renewables ambitions. Business Day TV discussed this in detail with Climate Group’s Executive Director of Systems…

20 Sep 2022 1PM 7 min

Sarb expected to raise rates on Thursday

Economists are expecting the Sarb to take a more hawkish stance at its next meeting, and this comes as the country struggles with rising inflation and a weak rand. Business Day TV caught up with RMB economist Siobhan Redford and she shared her views.

20 Sep 2022 12PM 5 min

Impact of a potential greylisting on SA's economy

Time is running out for South Africa to prove to the Financial Action Task Force that it can counter financial crimes. The watchdog found weaknesses in the country’s ability to fight corruption and money laundering. South Africa has between now and the end of November to show improved strength in…

20 Sep 2022 11AM 8 min

WATCH: PROPTECH

Through the pandemic listed property companies have had to get back to basics and focus on the core operating strategies of managing assets and less on the financial engineering that had caused such over exuberance in markets in the mid-2010s. While REITs might excel at attracting the right tenants, maximising…

20 Sep 2022 8AM 24 min

Trade of Week

Join independent analyst Loyiso Mpeta as he takes us through what the charts are saying about commodity stocks, like Glencore and BHP.

19 Sep 2022 2PM 11 min

Why the rand is under pressure

The rand has come under pressure as South Africa feels the impact of load-shedding and markets eye potential interest rate hikes from major central banks. Business Day TV unpacked the factors at play and what could be in store for the local unit with Citadel global director Bianca Botes.

19 Sep 2022 2PM 7 min

Eskom scrambles for emergency energy

South Africa will need half a trillion rand to put an end to load shedding by the beginning of 2025, according to Intellidex. The research company has revealed this figure in the wake of Eskom's announcement that it is scrambling for emergency power to end stage six load-shedding. The power…

19 Sep 2022 2PM 7 min

Investec in the cloud

The bank of 2030 will look very different from today. Facing changing consumer expectations, emerging technologies, and alternative business models, banks need to start putting strategies in place now to help them prepare for this future. An important indicator of the shifting landscape? Cloud computing is moving to the forefront…

19 Sep 2022 8AM 25 min

The Week in Perspective

The global economic outlook remains downbeat and some countries are expected to slip into recession in 2023, but it is too early to say if there will be a widespread global recession, the IMF said on Thursday.
The IMF in July revised down global growth to 3.2% in 2022 and 2.9%…

16 Sep 2022 7AM 25 min

Ethereum’s long awaited merge takes place

The world's second largest cryptocurrency - Ethereum, has completed its much anticipated switch to a more energy-efficient infrastructure. Business Day TV unpacked what this move means, and how it impacts the crypto space with the General Manager for Africa at Luno, Marius Reitz.​

15 Sep 2022 1PM 5 min

Metair earnings slump

The devastating KZN floods and hyperinflation have weighed on Metair. The firm has posted a 74% slump in headline earnings per share, and a 2% drop in revenue to R5.8bn. Business Day TV discussed the company’s half-year results with the CEO, Riaz Haffejee.

15 Sep 2022 12PM 6 min

Increase in air travel demand boosts ACSA

Airports Company South Africa (ACSA) has reported an 81% jump in annual revenue thanks to the easing of Covid-19 restrictions which allowed for a pick up in domestic and international travel. Business Day TV unpacked the performance in greater detail with company's CEO Mpumi Mpofu.

15 Sep 2022 12PM 9 min